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. you said grover norquist house of cards may come crumbling down. is the bigger problem revenue or democrats not wanting to give big cuts on entitlement? >> no. i think the bigger problem is grover norquist if you want to know the truth. he's the bigger problem because he threatens republicans with primaries. so you had several republicans who expressed that they were willing to moderate their view and that they felt their most important pledge was to the u.s. constitution and not to grover norquist. what did grover norquist do? he took their quotes, called them up, he had conversations with them and he read them line by line their quote and essentially threatened them with primaries. he's the problem. if grover norquist wants to run government he needs to run office. >> you have people like saxby chambliss to indicate they were backing away from their pledge. grover norquist gets on the phone to them in the last several days and report of phone calls are that suddenly chambliss is going back a little bit maybe on what he had to say. so, i mean, do you think that his influence h
the man behind the republican pledge not to raise taxes at all, not to raise tax rates, grover norquist. here's here. we'll get reaction from him as well in our roundtable. but first, i sat down with secretary geithner at the treasury department late friday. mr. secretary, welcome back to "meet the press." thank you for having us at the treasury department. >> good to see you. >> you are the president's lead negotiator. you have been to capitol hill. you presented the president's offer. and it immediately was not received well. it was called by republican leaders unserious. they have accused the president and you are wasting precious time here to avert the fiscal cliff. was this the intended effect of the president's first offer? >> what we're trying to do is to make it more likely. we come together on a good agreement for the american people that extends tax cuts to the american people. brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we
worked for john mccain. you hang out with eric cantor. grover norquist is your tomorrow. these are your pals. [laughter] >> i hang with an interesting bunch. >> first, is it fun? and secondly, am i wrong that we're in -- i agree with what a lot of what michael is trying to take us, but i, as a realist to use to work for richard nixon, look at the world as it is not as i hope it might be. i guess my question is to you, do you believe given the people you know that there's a chance for strategic response to these things as opposed to reactive response? because of their inability to get along with the guys in the white house, and gals? >> we just don't get along but that's been true for a long time so how do you get past that? we have to go back to a different kind of leadership, the kindly with ronald reagan, with bill clinton, where presidential leadership meant here's what america needs. i will send this bill, say to the congress. what that does for the congress is against them air cover. they can say we don't want to do this. the president -- >> maybe obama ought to make bill clinton t
to decide who they are more loyal to, the united states constitution or the grover norquist. >> what is it? >> been i can't sleep. >> here try this. >> norquill. >> norquill the shut the [ censor bleep ] up so we can get something done medicine. available liquid or suppositories. [ applause ] >> stephanie: yes, go ahead. >> caller: yesterday on hurricane irene huckabee's show he went on and on and on about how dare bob costas talk about gun control. >> stephanie: oh boy. he is not even in politics. he just said something reasonable. like this domestic situation would not have resolved this way if he didn't have a gun. >> caller: and any situation that they can be on the wrong side of they find it tweet it say it and it drives me insane. >> stephanie: exactly. and bob costas is satan now. >> we'll have some of that coming up in right-wing world. >> stephanie: good tease. nicely done. >> stephanie: thank you. >> stephanie: jay carney. >> what we hope for is specificity from republicans. >> stephanie: and they gone none. [ buzzer ] >> stephanie: this is what mitt romney was cri
for tax reform, grover norquist. he is the person who got some members of congress to sign a pledge to not sign taxes. a number of republicans said they are willing to vote for a tax increase. this is just under an hour. >> thank you for coming out. two weeks in a row, thank you very much for coming out and we will have another one next wednesday and we appreciate you being here. grover norquist, president of americans for tax reform. people who are following us on twitter, just tweeted, we'll take your questions. we want to thank the bank of america for supporting these series. the forum is about issues that matter most in washington. last week, how the obama campaign won and today we will talk about very important issue for conservatives and republicans, the path forward for them and their party. we appreciate bank of america's partnership including at both of the conventions. and we are going to bring you into the conversation. you got cards. we would love to take your questions and also be getting questions as they call it on "morning joe"," the twitter machine. we would love to
a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. like grover is stuck with this pledge he made everybody take which is that they have to go over the cliff because they obviously will not ever say the word tax. they will only say revenue. i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i don't think they're silly. they control hiring in this country. many americans play for dinner. i don't think grover norquist cares about who is paying to dinner. he has a pledge. it's important to him an
in congress signed a no tax pledge created by americans for tax reform chair, grover norquist. now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? i got it. don't help me. don't help me. rip flaumbe. >> we recently reported "the on june" satire newspaper named north korean leader kim jong un the sexiest man alive. apparently the joke was lost on china's communist party newspaper. they ended up running a 55-page spread of the leader congratulating him for the title. you can understand how that can be confusing, you know, his fashion sense. >> because i'm gullible? >> a little bit of everything. come on. you've got to have found with it. >> the "two and a half men" with thing, should we believe the video where he was live or the pr statement? >> i think we should believe he makes $350,000 an episode and that's enough said. >>> this is from care 11 news in minneapolis, where a wave of baby blue swept through a maternity ward for three days. delivery room doctors shouted it's a boy 19 consecutive times between 5:00 p.m. saturday and 7:30 a.m
they will break with protocol. with grover norquist and his tax pledge to reach the deal on the fiscal cliff is sticking in solidarity with it. we're asking what he would be willing to compromise on. >> as we mentioned, house speaker boehner and other leadership meeting with treasury secretary geithner. boehner is expected to hold a press conference afterwards at 11:30 a.m. and we will bring it to you live. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you can st
the whole thing? neil cavuto is coming in. grover norquist made this suggestion over the weekend. we are not sure whether it is a good idea. lori: it is televised enough. the dow off 23. flirting with 13,000. verisign, green mountain coffee, seeing green. we will be back right after this. ♪ can i help you? i heard you guys can ship ground for less thn e ups store. that's right. i've learned the only way to ge a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ound shipping at fedex office. lori: put it on tv. grover norquist saying the president should go into a room with c-span cameras present. connell: neil cavuto joins us now. what do you think of this idea of putting it on television? neil: i do not think it is a good idea. this would really heighten it a little more. i think grover's point about how they should be held accountable and everyone should see how they come to these decisions, you kind of know how they come to these decisions. i do not think cameras and the whol
to break away from the special interest pledge to grover norquist -- may be one nasty real participation on the part of republicans to participate in a balanced plan that gets us where we need to go. >> thank you all. >> president obama urged congress today to extend middle- class tax cuts and avoid the fiscal cliff. he spoke of the eisenhower executive office building for about 10 minutes. he travels to a call factory in pennsylvania earlier this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands that this is not just about numbers. it is a set of major decisions that are going to expect millions of families all across this country in very significant ways, and their voices, the voices of the american people, have to be part of this debate. so
to sit down and negotiate the prestige of the country will pay a price. lou: i told grover norquist, he must like tom cole lot because all he would say in response was interesting tactic. thanks for being with us. in the "moneyline" tonight, a stalemate in washington d.c. wall street's back today. the balance squeaking out of four. gain. s&p up less than a point, nasdaq slipping lower on the day. volume on the big board slightly heavier than usual. all the major indexes finished higher for the month. down 71 points. s&p and nasdaq both ended higher. the three biggest winners for the month, cisco systems up to nine 1/4%. home depot, bank of america, both of just above 6%. aaa now urging the environmental protection agency to halt the sales of gas with directional concentrations arguing the fuel blend known as e 15 with an additional 5% ethanol cause engine damage but that is not covered by most car warranties. the epa says cars made after the 2000's one mall can handle that fuel brand. triple late shows 95 percent of cars made before 2012 will not. up next, president obama meeting with e
story hammering republicans about the need to break their pledge to grover norquist. look, this wasn't a pledge of tax cuts to grover norquist. i can guarantee you, every singleerepublican and some democrats, too, running for congress or the senate, i guarantee you, every single one pledged to their constituents, i wasn't raise your taxes, every single one did, so, everyone who breaks that pledge is making a promise to his constituents. that was the story. stuart: yes, all right. now, what we're going to do? what are we going to do in the future? what's going on here? >> well, i think, i think what you've got is a cancer that is exploding debt and what they're looking for is the right bandaid to put on it to tell america, we just got over that hump and you know darn well in january they're coming right back with the next fiscal disaster and look for the next bandaid to put it on it. no one is responsible, not the republican and not the democrats. >> i think we have the campaign in chief and i think we're setting up a debt crisis at some point in the future. the thing about removing t
it. we have a breakfast next wednesday, bob woodward and senator marco rubio, grover norquist, thank you. [applause] ♪ >> the u.s. senate dabbles in today about an hour from now at 10:00 eastern and today they will continue working on legislation dealing with equal rights for persons with disabilities. majority ritter harry reid hopes the senate to work, 2013 defense program. off of the 4 u.s. ambassador susan rice meet with republican senators discussing the september attack on the consulate in benghazi, libya and she will talk with susan collins and senator bob corker. yesterday she sat down with senator mccain, gramm and ayat. senator mccain told reporters the information she gave the american people was incorrect, but a spontaneous demonstration triggered by hateful video. it was not and there was compelling evidence that the time that was certainly not the case. the house transportation and infrastructure committee is holding at hearing on amtrak's restructuring plans. the committee will hear from the inspector general and amtrak's president and representative from the united
that prevented some from paying taxes. grover norquist today would look at that as a retreat a violation of a pledge. but your dad's point was very brother found he said i'm not trying to say hike taxes but make sure that everyone, everyone, everyone pays their fair share. would doing that today, bringing in allowances would it have the same effect? >>guest: many are willing to bring not allowance but they want something happening on the other side. you want to see the spending cuts take place. medicare is going up. my wife just got a note in the mail from the insurance provider, her health care is going up 15.1 percent after blue cross in california because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you don't do anything until the hit the spending cuts, they owe my dollar $3 in spending cuts and george bush they owe him $2 spending cuts. i tell the republicans, if you buy into raising taxes first you wil
of republicans it seems to me is they've had this completely intransigent position driven by grover norquist, but all the polls say two-thirds of americans are quite happy for the wealthier to pay more taxes in america. i think they should just get on with it and suck it up. >> well, it was a relatively close election but the president did win and he has to own this. we also know that the "washington post" said this, and if you just close the loopholes and deductions on the folks instead of just raising their tax rates outright, you can come up with close to that $800 billion that they did agree on last year. you get to about 750. to come in with a $1.6 trillion as your starting point, i can't believe it's serious. i don't blame the leadership, mcconnell apparently burst -- senator mcconnell burst out laughing. i don't blame him because it's absolutely ridiculous to come back from last year with twice the amount. it's not a serious offer and i think it's in bad form for the president to go out on this campaign stop. he needs to sit down and work with republicans. we understand that the presi
and grover norquist has republicans on record i won't vote for a tax increase. are they really ending up here negotiating with themselves in a way that hurts their positions, vis-a-vis the president? >> certainly, they are, i think that the president is energized by the fact he thinks, look, i ran a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got everything i wanted, the place is a mess and look, i got reelected. so, what's so hard about me continuing to doing that and blaming it on them. obviously, i'm very good at that and that's base clr where he's going here and the republicans i think are not very good poker players, they're signaled they're relucks tennant to go over the cliff. if you're in this showdown, i is a, come on, bring it. >> paul: they will get blamed if that happens and the president is signaling that. that wouldn't be a pleasant outcome for them. you're saying they should suggest to the president we had he' be willing to do that and maybe he'll give at the end? >> yeah, i think they have to show that they are it
republican lawmakers abiding by the grover norquist anti-tax pledge as seditious and treasonous. up next in nfl star murders his girlfriend, takes his own life in front of his coach and general manager. but let him -- was led him to those acts? leading psychologist answered that question and much more here next. ♪ lou: the weekend murder suicide committed by kannas city linebacker left the nfl community and the country just grasping for answers as to what was going on in this amendment. a great tragedy. the sixth nfl player in the past two years to take is on life. six nfl players raising the questions about traumatic brain energy, the nfl, and what is going on. joining us to help understand as best we can what happened and what we should be thinking about your as citizens, parents and family members and friends, psychologists and professor and psychotherapist. let me start with the fact that this was such a -- i mean, he apparently shot his girlfriend nine times. i mean, this is just an unbelievable. his friends to my teammates, coaches, no one to believe he had done it. >> but this w
of trouble. lou: after a university profsor compared republican lawmakers abiding by the grover norquist anti-tax pledge as seditious and treasonous. up next in nfl star murders his girlfriend, takes his own life in front of his coach and general manager. but le him -- was led him to those acts? leading psychologist answered that question and much more here next. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can tually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you. ha ha! they want to help but don't know how. teach your kids how to be more than a bystander. visit stopbullying.gov. ♪ lou: the weekend murder suicide committed by
avert it. grover norquist is neither elected nor has he ever run for office, so why is washington so scared of him? >> taxes went up, spending didn't go down. >> he's been called a kingmaker, a patriot, and the ideological godfather of the tea party. since the mid'80s, grover norquist, the founder of americans for tax reform, has been the driving force behind the anti-tax movement. his goal, to take big government and in his words, drown it in the bathtub. norquist's weapon is the taxpayer protection pledge, which was at one point signed by 95% of gop members of congress. >> you raise your hand if you feel so strongly about not raising taxes. >> reporter: on the campaign trail this year, only one republican presidential candidate, jon huntsman, dared to cross him. norquist has clout. he's called the most powerful unelected man in america today. but since the november election, his fortunes have changed. >> i will violate the pledge. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm not obligated on the pledge. >> reporter: republicans in congress are jumpi
. pittsburg,s from vermont, on the line for independents. caller: grover norquist was making a speech on c-span last week. he he mentioned that for taxing the rich, they should try in smaller states like vermont. i do not know if he has ever been to vermont. 90% of vermonters definitely are not rich. we are for the most part struggling middle-class. probably will 1% or 2% of vermonters make over $100,000 a year. the definitely needs to look of his demographics better. guest: i do not know if you've had a grover norquist on the show -- he is a very controversial figure. he has this taxpayer protection pledge that was set up in 1986 that he is gone and most of the republican lawmakers to sign. there have been some cracks in support for the pledge, because in addition to opposing tax increases, it opposes any reduction unless there is a comparable -- cuts and deductions, you make it up with further cuts in tax rates. maybe that pledge has run its course. i know grover norquist would not agree with that. host: if you go to c- span.org/fiscalcliff, everything that has been discussed on the fisc
the no taxes pledge created by the president of americans for tax reform, grover norqui norquist, the two most terrifying words a republican can hear, other than buenos diaz. but now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- what's his name? don't help me. don't help me. rip flambe -- no, that's my personal trainer. >> all right. good morning. it's wednesday, november 28th. look at this live look at rockefeller plaza. it is just lit up. gorgeous. >> you know what happens tonight? >> oh, yes, the big tree lighting. >> big commerce -- >> exciting for all the children. >> all right. welcome to "morning joe." >> mike, do you think that's going to whip people into a buying frenzy -- >> it's comcastic. >> a five-year running joke. >> i guess he wasn't paying attention. >> yes. >> national affairs editor for "new york" magazine. john heilemann and andrea mitchell. >> a lot of people say, i'm in trouble. and they've got these little arm bands now, wwjd. what would joe do? so what do i say? you've seen those, wwjd. >> everywhere. >> i say make a mistake, just step
grover norquist and hearing the uprising and all the fury over that that obama was going to have to give them some sort of fig leaf, some sort of concession, say well, yes, we had broken a promise, it was a really difficult decision for a lot of us, but we got "x." you know, the geithner offer of yesterday didn't have any "x." and what's fascinating about this, obama seems totally, totally convinced that if we go over the fiscal cliff, this benefits him. the public will blame the republicans. okay. i suppose it's entirely possible. in fact, it's probable of that category. but does obama really want to start the second term going into recession again? the interesting thing, with this offer on the table, sequestration and the expiration of bush tax cuts for everyone is the best option for republicans right now. but as least under that, you can dispel this notion -- the biggest obstacle is this attitude of the public that we can solve the problem of the debt, we can solve the problem of entitlements just by raising taxes on the rich a little bit. it's fundamentally not true. but my attitude
that serengeti lion sash he hadn't been wearing. >>> also we've heard from republicans who are ditching grover norquist but how with one of them free himself without admitting he was backpedaling. from chris gibson, representative gibson signed the pledge as a candidate in 2010 for the 20th congressional district. regarding the pledge moving forward, congressman gibson doesn't plan to resign it for the 19th congressional district which he now represents. well, as msnbc's joy reid said yesterday, that's like breaking up with someone by changing your phone number. >>> also, tonight the apps weigh in. during the campaign the smartphone super pac app provided fact checking information and let viewers rate political ads. which ad came out on top? for the democratic governor's association think obama care pants on fire and yosemite sam. here it is. >> not going to be a part of again socializing health care in the state of texas. ♪ >> the ipb, what that is will be a board that will tell you, bob, whether your level of productivity is worthy of receiving the rationed care that will be the result of
in the house are getting a lot of pressure from folks sort of the most rabidly anti-tax, grover norquist's good and a couple of other folks saying allowing any revenue, any rates to increase qualifies as a tax hike. >> yeah. but that's been their position all along. that was the central issue. taxes go up on the top 2% or they don't. right? it was obama versus romney. he keep come back to this that you heard bill crystal say what the hell are we doing as a party? even tom kohl said let's buy in 98% and get it out of the way and take credit for it. why is bajner refuse to go schedule a boat on that proposal. >> obtain doesn't have the votes. simple math, this is sort of the reality of washington. >> doesn't have the votes to block it? >> he doesn't have the votes to pass any kind of tax reform from his own caucus. they operate by a rule called the majority of the majority. effectively the house republicans will do whatever the majority of their caucus says is okay with. you know, they don't have that majority. >> if they deck -- okay. i am trying to understand
. the whole thing is going wacky, one guy is going to be standing in the middle of the storm, not grover norquist or some republican, but the president of the united states who has to weather the storm and point the finger across the aisle to someone nobody else in the world knows and says, speaker boehner, would you solve this problem? i'm not sure -- that's why i'm against you on this one. i think times have changed. >> economically the biggest risk is the sequestration. it's not the tax cuts going into effect. and -- >> you mean the millions of dollars -- >> the cuts that will be forced through in the next two years. that's a much bigger risk to the economy. >> therefore? >> therefore, if the president lets this thing -- look, the markets have already priced this in. >> i hear the opposite. i hear that they believe that grown-ups will do the job when they have to. they don't believe they're going to let us go over the cliff. >> i don't think the grown-ups believe they have to do the job by january 1st. i believe they believe the grown-ups have to do the job by january 30th or february
grover norquist they would never raise taxes, it certainly seems that the impasse cannot be solved and we got to -- go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government man-dated recession, which is what it's amounted to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever been able to say to your boss, walk in, you know, hey, man i know i've got a huge project due, one that could bring down the whole company, but darn it all, hey, see you later, sport, i'm taking a vacation. i'm out of here! not only do i advocate no vacation without legislation, i want to know, a new one for you. a litmus test. i want to know which of these bitter politicians have tickets in their pockets to fly out of washington next week. i'm not kidding. i think we should ask each politician we interview, have you purchased tickets to leave without getting your job done. what's the date on that ticket?
over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the money they think they will, and i don't think they will raise any money, they are still left with a trillion dollar deficit. how are you going to bring down a trillion dollar deficit? i think the democrats are on -- i had to get that off my chest. stuart: gm car and truck sales are up 3%. the stock, dead flat. sales up 3%. that is the car sales numbers coming in today. steve, i want to get back to you here. the democrats say, wa
with that cuts visas for minorities and signals their continued support for a grover norquist-style no new green cards pledge that says you can't create a green card for one person without taking it away from someone else. even worse, it's shameful in design to reduce the overall level of legal immigration. under the current law, unused visas in one immigration category roll over to immigrants in other categories who are stuck in decades-long, decades-long green card backlogs. but h.r. 6429 doesn't do this. thereby ensuring that unused visas are wasted and legal immigrants must continue to suffer in long backlogs. this is a naked attempt to satisfy any immigrants groups that have long lobbied for reduced levels of legal immigration. if this is a new strategy on immigration, it sure looks a lot like the old one. a zero sum rule means our immigration system can never be fixed. we would not be able to craft solutions for the dreamers who were brought here as children or for the agricultural workers growing the food on our table, or for american families whose loved ones are stuck in decades-long gr
are attacking grover more gift. grover -- grover norquist. one side is going to win because it's united, highly aggressive and reckless. >> they said they would reform entitlements later -- >> come on ... martha: later? how many things have we said we are going to do later? it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to end after 9 years because they knew there would be huge deficits after that. >> this is not even serious. everybody agrees taxes are going up. taxes are going up on rich people period. the real question is how are you going to pull back on spending? we have a debt larger than our economy because of spending, specifically medicare spending. th
revenue is on the table. we have republican senators saying they will stand up to the grover norquist tax pledge. they're willing to break it which is pretty big news. we also have the influential member of congress, republican tom cole saying we have got to agree to extend the tax cut just for those people making $250,000 and below and letting the more wealthy be taxed. definitely flexibility but what you see from democrats is an unwillingness to do serious entitlement reform that would lead to reductions in spending. they want to kick the can down the road and do more of the next year with the vague promises. dennis: the think republicans will be willing to agree upfront to more tax revenue or higher tax rates as we go without a firm cap on entitlement reform? >> that is the big question. what is a firm commitment? what they're going to look for is some spending cuts this year with an avenue towards entitlement reform next year is the best they are going to get. absolutely what the deal is going to be is the wealthier people, making $250,000 a year, will see their taxes go up. that is a
future tied up in this. not so long ago we had grover norquist on. said the president is going to have to back off, we have to raise taxes and low and behold the "wall street journal" ran a story saying just that, it will be a bargain. are you going to get it tomorrow? they will fuss with the income rate. that will be a part of the conversation as well. the longer it goes on, the more threat letters to the economy and the stock market because people don't know what to expense. one comment about the dividend story you are doing, don't forget these companies are run by big-time executives who get paid this way and are driving the chain. tracy: you can't blame them, somebody has to do it. ashley: don't miss gerri willis and m "the willis report" here n fox business. thank you. tracy: the white house using twitter as part of an arsenal in the fiscal cliff battle, but may not have been the best idea for them. ashley: we will be right back. [ male announcer ] this is jo woods' first day of rk. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it ye
, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase the taxes. so we're at a stalemate and someone has to give and i don't see anyone giving right now. >> bank of america today commented on the let's jump crowd. the bungee jump crowd for which they think is a scenario. >> you wonder how much of that is in negotiating position. embraced early on by senator schumer, new york state's senior senator. we'll see. you know, there are those who believe if you want deficit reduction and are serious about it, we have one way to get there and it's called the fiscal cliff and will send us into recession but we may get deficit reduction but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does. we shall see. what's today's date? the fourth now. we're not too far. people say the 18th. we need to at least see something for the 21st. >> they're going on vacation with legislation. is that right? should
grover norquist refuses to declare whether decoupling would violate his group's pledge, that, too, gives a whole lot of cover to the speaker. and when more and more rank-and-file republicans come out publicly every day in favor of passing the senate bill, that, too, gives cover to the speaker. you really have to absolute cram tom cole. he was the first one on the other side to dare speak the truth about what should be done on taxes and he's been on tv almost every day making the case to his party in public. the day after congressman cole went public he was dismissed as having a minority opinion. well, that's not true anymore. his comments sparked a trend. in addition to those republicans who have spoken out publicly there are probably dozens of other tom coles in the house who just don't feel free to speak their mind but agree with him privately. just this morning in an appearance on cable television, the junior senator from oklahoma, an unquestioned conservative, came out in favor of higher tax rates on the wealthy. he said -- quote -- "personally, i know we have to raise revenue. i rea
. god bless you. enjoy the conference. [applause] [applause] >>> grover norquist founder and president for americans for tax reform will be the guest at "politico" playbook breakfast. we'll be live starting at 8:00 a.m. here on c-span2. >>> now former clinton administration chief of staff john podesta talks about lessons learned from the election and what it means for changes to education. after the remarks here's joined by jeb bush for a question and answer session. it's thirty five minutes. [applause] thank you for that. it's a pleasure to be here. thank you governor bush and the foundation for excellence. it will probably come as no shock to anyone in the room that we don't agree on everything. notwithstanding his relationship to my -- one thing i think we both agree on is the importance of having strong voices on championing the cause of education as a critical element of our nation's agenda and building a strong coalition in the center to demand reform of the public education system. the system that quite tankly, is still not working for too many of our students. governor, i reall
are in the thrall of grover norquist, it'll be a rough, a long haul. host: what do you make of this process? guest: i loved senator simpson. he is such a wonderful person. i have not met anyone kinder or nicer than him who is willing to work with people on all sides. he is all about listening. people would say gets worse every year in washington. i'm a little bit of a contrarian. there is always tension. there's always a lot of pressure from both sides. what you typically have to have are these kinds of external pressures. that is what is going on today. i think there is a real issue of trust. one of the unique things is i remember the first days, and not just to talk about this. this idea that we kept most of the information within those walls. it built a sense of trust between republicans and democrats so we read able to get 60%. you have to talk to both sides. we do not do enough of that. it is a difference of opinion. the have to find common ground. host: bob is on the line from chapel hill, north carolina. caller: two specific questions. does your trillion dollar increase come from status sco
. didn't you? i am getting an example of a progressive group. grover norquist did. there is a bit of a broad consensus in favor of open data. i think what has to happen in the data areas that business has to get involved because politicians. [indiscernible] and at least in this area, the area that i work on, companies are realizing that was the government begins publishing information which is a voluble public resource that we build business models on it and it will not favor any particular competitive business intermission will be out there for the smallest developer and the largest silicon valley player to use to pursue their own businesses. >> let me just say, we never drink kool-aid. we have always been, i think, pretty aggressive about our views. we have been pretty critical. we were always pushing for more. so i think -- i know you will see more of that from us. we think that is our obligation and our responsibility. that said, we will work with allies while we have them. i have not really mentioned the national archives and records administration, but i have been extremely
to spend on. host: do you agree with the grover norquist tax pledge to not raise taxes? caller: in service of the tax rates? yes, i do. i am also left scratching my head because i believe when the bush tax cuts were put into effect that many democrats oppose those as being bad for the economy. yet, and now, they are running around saying we cannot let the rates go back to the talks rates that we set up under president clinton -- the tax rates go back. what let's stick out with came out yesterday from the republicans. they want to bring in new revenue from tax reform, $800 billion being their calculations. do you agree with some who say that is increasing taxes? caller: yes and no. it depends. i would agree with that form of tax revenue increase if it went with spendingd reductions. host: that is where you see compromise? caller: we have been through this before. i have friends that frequently site back in reagan's presidency that president reagan increased taxes, but he did that as a consequence of an agreement with the democratic leadership with the democratic leadership
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